Melbourne Beach, FL Foreclosures
How much do homes sell for in Melbourne Beach, FL?
The average home price is currently $714,275.
In Melbourne Beach, FL, how many homes are available?
There are currently 62 active home listings available in Melbourne Beach.
What’s the average rental cost in Melbourne Beach, FL?
The average rental price in Melbourne Beach is $2,055.
What is the most expensive home in Melbourne Beach?
The most expensive home sold in Melbourne Beach had a price of $8,082,403.
What is currently the cheapest priced home in Melbourne Beach, FL?
The cheapest home for sale in Melbourne Beach is priced at $27,736.
Living in Melbourne Beach, FL
Melbourne Beach is a charming coastal town located on the East Coast of Florida, known for its pristine beaches, relaxed atmosphere, and vibrant community. Residents enjoy a laid-back lifestyle with beautiful ocean views and easy access to outdoor recreational activities. It features a variety of dining options and boutique shops that cater to both locals and visitors alike.
Current Market Conditions in Melbourne Beach, FL
The real estate market in Melbourne Beach has shown steady growth over the past year, with increased interest in properties due to its attractive coastal lifestyle. A strong demand for single-family homes, particularly those near the beach, has been observed, which has helped to stabilize property values in the area.
The average time on the market for homes is relatively low, indicating a seller's market, where buyers frequently compete for available listings. Trend analysis shows that luxury oceanfront properties are seeing the most activity, signaling a high demand for premium real estate.
Rental properties remain in high demand due to the influx of seasonal visitors to the area, thus creating attractive investment opportunities for landlords.
Home Value Estimator For Melbourne Beach, FL
There are currently 6,396 real estate properties
in Melbourne Beach, FL,
with a median automated valuation model (AVM) price
of $590,971.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Melbourne Beach, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Melbourne Beach, FL,
is $714,275.00, with the most expensive house
in Melbourne Beach, FL, topping out
at $8,082,403.00 and the cheapest home
in Melbourne Beach, FL,
clocking in at $27,736.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Melbourne Beach, FL!
Rent Prices
In Melbourne Beach, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Melbourne Beach, FL, is on
a rollercoaster ride. The
average rent price in Melbourne Beach, FL,
is $2,055.00. Indeed, when looking to rent in
Melbourne Beach, FL, you can expect to pay as little
as $860.00 or as much
as $5,120.00,
with the average rent median estimated to
be $2,010.00. The good news is that finding
an affordable and desirable property to rent in Melbourne Beach, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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